Post
Topic
Board Economics
Re: USA announces 50% tariffs on Brazil
by
EFS
on 12/08/2025, 20:31:55 UTC
Raising tariffs only blocks trade for those countries themselves. The world is now so globalized that any country increasing tariffs isolates itself and ends up doing harm to its own economy. Unfortunately, the US is making the same mistakes Türkiye did, making decisions without much thought. They only realize these decisions were wrong years later, after suffering significant losses. When they first elected Trump, they didn't see it as a mistake and now they have to endure 4 more years under this poor administration. At least they don't have a system where someone can stay in power for life. They'll have a chance to correct these mistakes eventually.